Cement News tagged under: demand

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Petcoke market sees prices slump

22 May 2020, Published under Cement News

Hit by the coronavirus, petcoke prices fell as the Mediterranean market contracted. Demand declined as the cement and construction sectors reduced their output amid lockdown restrictions. A Spain-based trader said he had heard “some inquiries over the place (Japan, Pakistan, India, China, Denmark, Guatemala, etc to name some) but not real closures yet. Not much really at Med. Only running countries are Egypt and Turkey, but both ended 2019 on high clinker stocks thus demand now is not grea...

China’s cement industry expected to lead economic recovery

20 April 2020, Published under Cement News

An accelerated recovery in the Chinese construction industry is driving the country’s cement sector to resume operations. With a positive outlook this year, analysts said the sector could lead the rebound across multiple industries, reports the Global Times. As a result of the coronavirus pandemic, cement output in China fell by 23.9 per cent YoY to 299.07Mt in the first quarter of 2020, according to data from the National Bureau of Statistics. In March production declined 18.3 per cent Y...

Siam City to wind down production at Saraburi

17 April 2020, Published under Cement News

Thailand’s Siam City Cement will begin to close its Saraburi plant from 1 May as cement demand falls due to the COVID-19 pandemic, according to The Nation: Thailand. The company has reportedly seen a reduced amount of orders and therefore will wind down production and labour at Factory 1 from 1 May. However, it is expected to move employees to other plants or allow them to leave by mutual consent.

Chile's cement demand up 3% in 11M19

16 January 2020, Published under Cement News

Cement demand in Chile declined 2.5 per cent YoY in November 2019, according to the Chilean construction chamber, CChC. Consumption fell to 341,721t in November 2019 from 350,532t in the previous year. However, in the year to date the domestic cement market expanded by 3.3 per cent from 3.624Mt in the 11M18 to 3.743Mt in the 11M19.

Venezuelan cement output below 50% of market requirement

30 October 2019, Published under Cement News

The production of cement in Venezuela is less than half of the country’s demand of 18Mt, according to El Impulso. Output is currently down from 9Mt to 4Mta, due to issues with electrical power supply, equipment and inputs, said Orlando Chirinos, president of the Federation of Cement Workers (Fetracemento) and secretary general of the cement workers syndicate of Lara state. In terms of equipment, cement producers face challenges in obtaining refractory bricks, metallic grinding media and sl...

Algorithmic demand forecasting

09 July 2019, Published under Cement News

The use of advanced analytics is now common practice in many industries. It is not only the tech giants such as Google, Amazon and Facebook that apply algorithms to make smarter, faster and unbiased decisions. Players in industries such as natural resources, materials processing and building materials have also started to apply advanced analytics to improve their business performance. A recent publication by the Boston Consulting Group 1 (BCG) makes the case that cement producers need to em...

Demand for coal from India's cement sector rises in FY18-19

27 June 2019, Published under Cement News

India’s coal demand increased 9.1 per cent YoY to 991.35Mta during the fiscal year ended March 2019, according to the country’s Coal Minister, Pralhad Joshi. However, India’s supply shortfall more than doubled to 23.35Mt. This has been attributed to Coal India’s inability to meet demand from the cement and sponge iron industries. Demand from the cement sector surged 70 per cent to 37.22Mt in the FY18-19. In the FY18-19 coal imports rose 12.9 per cent YoY to 235.24Mt from 208.27Mt. Mr J...

Using plant cost profiles

16 May 2019, Published under Cement News

As in January 2018, Dr Michael Clark has once more spent most of the last month developing manufacturing cost profiles for cement factories in different geographies across the globe. This time, Dr Clark considers how these profiles may be used to provide a competitive advantage. Holcim established its facility in Ste Genevieve, Missouri, USA, benefiting from the low distribution costs due to its convenient location on the Mississippi River Regular readers of the Technical For...

Namibia cement demand remains weak

02 May 2019, Published under Cement News

Competition between cement producers has brought down prices as domestic demand remains fairly low when compared with increasing supply, according to First Capital. In March 2019 domestic production capacity has more than doubled to 2.2Mta, when compared with 1Mta in March 2018 as Whale Rock entered the market. However, local demand remains at 0.6Mta. This has led to a fall in prices with First Capital highlighting a drop of 10.4 and 10.1 per cent for semi- and high-strength cement, respe...

China's cement production level to hold steady through to 2020

29 April 2019, Published under Cement News

China's cement output has fallen from a peak in 2014 but will hold steady through 2020, according to a report from global ratings agency Moody’s. The lower production volume reflects the closer of inefficient capacity and winter production, where the government reportedly seeks to reduce emissions. "The lower production volume and steady demand support the price of cement," said Roy Zhang, assistant vice president and analyst. "Such prices will help sustain producer margins." Prices are ...